Economists say ideally the market will have a growth recession or a prolonged period of small growth and rising unemployment.
经济学家表示,理想情况下,市场将出现增长衰退,或者长期的小增长和失业率上升。
单词 | Growth Recession |
释义 |
Growth Recession
原声例句
CNN 10 学生英语 2022年9月合集 Economists say ideally the market will have a growth recession or a prolonged period of small growth and rising unemployment. 经济学家表示,理想情况下,市场将出现增长衰退,或者长期的小增长和失业率上升。
英语百科
Growth recessionThe term Growth Recession indicates a situation were growth is slow, but not low enough to be a technical recession, yet, unemployment increases since more jobs are lost than created. The term was created by Dr. Solomon Fabricant (New York University, National Bureau of Economic Research) and is recognized and cited more recently by business economists. Note that the term also has slightly different secondary meanings including a more general one that growth is below potential. However, the more specific meaning indicates the growth is weak and insufficient to provide jobs for those entering the labor market (see the Hoisington and Hunt reference). There may also be a third meaning referring to growth in which more jobs are actually being destroyed than created. In all cases the term indicates, Real GDP is expanding (slowly) but with job contraction, so the economy behaves or feels in many ways like a recession. |
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